Latest news with #GeneralCapital
National Business Review
26-05-2025
- Business
- National Business Review
General Capital revenue and profit bounce higher
NZX-listed General Capital has reported its top annual result, with broad growth in revenue and profit. The financial services company today said revenue rose 32% to $22.6 million in the year ended March 31, compared with the previous year. Net profit was up 7% to $2.8m. It noted continued growth,
National Business Review
06-05-2025
- Business
- National Business Review
General Capital appoints new CFO
General Capital, the listed financial services group, has appointed Vikrant (Vik) Singh as the chief financial officer, subject to regulatory approval. Singh joins General Capital on May 6 as CFO designate. Singh is a Chartered Accountant with more than 17 years' experience, having obtained a BCom from Victoria University. He will join General Capital most recently having worked at PwC in Auckland as director – management consulting. Prior to that he was the group financial controller at Jarden, the finance director/CFO at MedAccess in the UK, and was the head of finance and operations at M&G Plc also in the UK. He has also held finance roles at HSBC and Deloitte. General Capital chair Rewi Bugo welcomed the appointment, saying: 'The board is pleased to welcome Mr Singh as the new CFO of the group at this time of significant growth and regulatory change including the upcoming inclusion of General Finance Ltd (the wholly owned subsidiary of General Capital) in the Deposit Compensation Scheme on July 1, 2025. We look forward to the value Mr Singh can bring to the business as we continue to grow our assets and earnings.' This is supplied content and not commissioned or paid for by NBR.
Yahoo
02-05-2025
- Business
- Yahoo
Here's Why We Think General Capital (NZSE:GEN) Might Deserve Your Attention Today
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up. Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like General Capital (NZSE:GEN). While this doesn't necessarily speak to whether it's undervalued, the profitability of the business is enough to warrant some appreciation - especially if its growing. We've discovered 1 warning sign about General Capital. View them for free. If you believe that markets are even vaguely efficient, then over the long term you'd expect a company's share price to follow its earnings per share (EPS) outcomes. Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. To the delight of shareholders, General Capital has achieved impressive annual EPS growth of 40%, compound, over the last three years. Growth that fast may well be fleeting, but it should be more than enough to pique the interest of the wary stock pickers. Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. Our analysis has highlighted that General Capital's revenue from operations did not account for all of their revenue in the previous 12 months, so our analysis of its margins might not accurately reflect the underlying business. EBIT margins for General Capital remained fairly unchanged over the last year, however the company should be pleased to report its revenue growth for the period of 17% to NZ$10.0m. That's progress. The chart below shows how the company's bottom and top lines have progressed over time. Click on the chart to see the exact numbers. View our latest analysis for General Capital Since General Capital is no giant, with a market capitalisation of NZ$21m, you should definitely check its cash and debt before getting too excited about its prospects. It's a good habit to check into a company's remuneration policies to ensure that the CEO and management team aren't putting their own interests before that of the shareholder with excessive salary packages. The median total compensation for CEOs of companies similar in size to General Capital, with market caps under NZ$337m is around NZ$565k. The General Capital CEO received NZ$421k in compensation for the year ending March 2024. That seems pretty reasonable, especially given it's below the median for similar sized companies. CEO remuneration levels are not the most important metric for investors, but when the pay is modest, that does support enhanced alignment between the CEO and the ordinary shareholders. Generally, arguments can be made that reasonable pay levels attest to good decision-making. General Capital's earnings per share have been soaring, with growth rates sky high. This appreciable increase in earnings could be a sign of an upward trajectory for the company. What's more, the fact that the CEO's compensation is quite reasonable is a sign that the company is conscious of excessive spending. So General Capital looks like it could be a good quality growth stock, at first glance. That's worth watching. It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with General Capital , and understanding it should be part of your investment process. There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of New Zealander companies which have demonstrated growth backed by significant insider holdings. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
